Business Development Director

Business Development Frasers Hospitality Pte Ltd 31 Dec 2024

JOB SUMMARY

The Director of Business Development is responsible to improve Frasers Hospitality’s market position and achieve long-term financial growth through acquisition and securing management contracts for the company.

 

RESPONSIBILITIES (BUT NOT LIMITED TO):

  • Develop and execute comprehensive business development strategies to drive company growth and market expansion in the hospitality industry.
  • Identify, evaluate, and pursue new business opportunities, including strategic partnerships, alliances, and joint ventures.
  • Develop financial feasibility studies for investment and management projects
  • Develop new markets and market intelligence and maintain research resources.
  • Lead negotiations and manage the end-to-end deal process, including due diligence, contract development, and closure.
  • Conduct project briefing and working closely with departments eg: Technical Services for new and existing projects
  • Collaborate with cross-functional teams (sales, marketing, product, legal, etc.) to align business development efforts with overall company goals.
  • Build and maintain strong relationships with key stakeholders, clients, and industry partners.
  • Monitor market trends, competitive landscape, and emerging opportunities to inform business strategy.
  • Prepare and present business development plans, forecasts, and performance reports to the executive team.
  • Lead and mentor a team of business development professionals, providing guidance, coaching, and performance management.
  • Represent the company at industry events, conferences, and networking opportunities to enhance company and brand presence.
  • Drive the development of new revenue streams and innovative business models to maximize growth potential.
  • Ensure alignment of business development activities with the company’s mission, vision, and values

REQUIREMENTS

  1. Master/Bachelor Degree in Hotel/Hospitality Management, Real Estate, Finance, Economics Business Administration or similar discipline.
  2. Minimum 8-10 years in relevant Business Development or Real Estate experience or Sales / Consultancy work experience. Experiences in the hospitality industry will be an added advantage.
  3. Focus with strong leadership, instructional and training skills
  4. Strong analytical and problem solving skills
  5. Sound knowledge of the hospitality
  6. Good presentation skills with ability to talk and communicate with senior managements
  7. Organised and ability to prioritise tasks to accomplish them effectively
  8. Strong and effective negotiation skills
  9. Enjoy meeting people with strong networking skill
  10. Willing to travel for more than 50% of the time.

 

APPLICATION

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